Sector: Research

Fox-Pitt Kelton loses eighth executive this month

Philippe Annamayer, who joined Fox-Pitt Kelton as head of European banks research 16 months ago, has left to join a fund management firm. He is the eighth staff member to leave the investment bank this month. The departure of Annamayer, who specialised in coverage of French and Benelux banks, follows a raft of departures last [...]

Job Wrap: Uva quits Morgan Stanley

Morgan Stanley announced Michael Uva had resigned. A senior client coverage banker, and one of the most senior Morgan Stanley bankers in Europe, Uva was said by colleagues to have been unhappy at being displaced as co-head of global investment banking by Walid Chammah. Chammah was made sole global head following the return of John [...]

Bear Stearns boosts depleted research

Bear Stearns is recruiting in European equity research three years after culling a third of the team. The US bank, which employs about 50 analysts under Roger Hirst, is looking for associate analysts. The US bank started to build its equity research department after hiring Hirst from Dresdner Kleinwort Benson in 2000 and recruiting analysts [...]

Turning to an Old Employer for a New Job

It may make you a comeback kid, but returning to work somewhere you’ve worked before offers several obvious advantages: there are familiar faces, you know how things are done, and it doesn’t take you more than twenty minutes to locate the restroom and staff restaurants. The highest profile returnee of recent times is John Mack, [...]

Job Wrap: Chambers quits Man in search of new opportunities

While most people were relaxing somewhere hot, the fund management sector was the venue for numerous hires and departures last week. Top of the bill was the revelation that the chief executive of Man Investments planned to quit at the end of August. Chris Chambers, chief executive of the hedge fund business and a former [...]

Personnel offices struggle with increased workload

As one of the stock-in-trade platitudes sent out to all unsuccessful applicants, this reply was not in itself remarkable. But that it should have been sent to this particular applicant, a top-rated financial analyst who had been promised a job, was. In fact, the formulaic dismissal was a mistake. It came from the head of [...]